National Payments Corporation of India (NPCI) is set to revolutionise the credit card market by integrating RuPay credit cards with the Unified Payments Interface (UPI), according to a recent Bernstein report. This strategic move will enable consumers to use credit through universal QR code payments, significantly expanding credit access for millions and disrupting the traditional credit card ecosystem in India.

RuPay UPI Integration Drives Market Disruption

The Bernstein report published on November 18 highlights that NPCI, which has already transformed debit card payments through UPI, is now positioned to disrupt credit cards with its RuPay-initiated UPI integration. Consumers will soon be able to leverage credit lines via UPI QR codes accepted by over 50 million merchants nationwide,

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